Nine ready for market
COLIN KRUGER |
The network's private equity owners are keen to sell out and analysts agree the timing is right.
S&P500; breaks record, Google tops $1000
6:13am |
The S&P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months.
US drama: RBA boss 'helpless'
GARETH HUTCHENS |
The RBA has admitted it was helpless in the face of the US default crisis because it could not predict or properly prepare for how the drama would play out.
Plenty of floats on offer as tide turns
GEORGIA WILKINS |
Investors are becoming desensitised to some of the uncertainties on markets.
Australia Post 'at turning point'
PETER CAI |
Continuing losses in Australia Post's traditional letter services set to overwhelm parcel delivery.
Rate cut may trail rising dollar
GLENDA KWEK |
The dollar has risen to a four-month high, reviving expectations of another Reserve Bank rate cut.
Rayner soaks up Treasury
CHRISTOPHER WEBB |
Directors doing a bit of buying edged ahead of sellers, with disposals substantially drying up.
Political interference 'stymies sales'
BRIAN ROBINS |
A key government adviser has warned that poor regulation and political interference have resulted in many assets being unsaleable.
- Coal Decline in export prices squeezes on Peabody margins
- Regulation Coles boss criticises red tape
- IPO Quick guide to sizing up market debutants
- Listing Freelancer.com to test market waters
- PanAust Laotian railway to be miner's engine
- Gambling Sri Lanka next cab off the rank for Packer's Crown
- More Business News and Views
| ASX 200 | 5321.5 | 38.4 | 0.7% |
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| Dow Jones | 15399.6 | 28.0 | 0.2% |
| Nasdaq | 3914.3 | 51.1 | 1.3% |
| Hang Seng | 23340.1 | 245.2 | 1.1% |
| NZ 50 | 4758.6 | -17.4 | -0.4% |
Data delayed by 20 mins.
Business News Wire
12:41PM RBA says $A is still too high
11:41AM RBA's Ellis downplays housing bubble talk
10:45AM House prices rising in premium suburbs
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
China drives stocks to five-year highs
GARETH HUTCHENS |
Australian dollar hits a four-month high, US96.48¢ after US budget legislation passed.
- Wall Street Week Ahead US market priced to perfection
- Currency Aussie surges after US debt drama
- Bonds Bond prices calm after storm in US
- Wall Street S&P500; breaks record, Google tops $1000
- Global markets Euro investors wary of last minute US debt deal
- More Markets
Strong appetite for iron ore futures
Mining The first physically delivered iron ore futures is China's latest attempt at boosting its power to price iron ore.
- Markets cautious on US deal
- Motley Fool Finding value in OzForex
- Intelligent Investor Chinese investors say 'g'day'
Video
Fundamentalist USA
It would be nice to think the crisis over the US debt ceiling has passed – but it has not. (04:43)
World Business
Morgan Stanley profit beats expectations
4:55am |
Morgan Stanley posted a higher-than-expected quarterly profit as stock trading revenue jumped 31 per cent, a surprisingly strong performance when rivals posted smaller gains or even declines in that business.
- Mortgages JPMorgan reach $4b deal with US housing agency
- Banking UK finance minister considers breaking up RBS
- Technology Google's upwardly mobile dilemma
- PanAust Laotian railway to be miner's engine
- Banking 'Mortal' Goldman flags cuts to bonuses
- Telcos Lenovo joins list of potential BlackBerry suitors
- More World Business
US dollar and Bretton Woods III
Far from ebbing in importance, the US dollar's role may even increase as a necessary home for a swelling "savings glut" fuelled by ageing societies.
Comment & Analysis More Comment & Analysis
Growth, what is it good for if it brings little joy?
PETER CAI |
A good policy should lift opportunities for people which include more than goods and services.
- Michael West Who you gonna call - ghost writers, of loans
- Elizabeth Knight Gyngell upbeat on future of free-to-air television
- Adele Ferguson Dairy giant poses as a national farm saviour
- CBD Wealth creator goes for a song
- More Comments & Analysis
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Fill closet, don't empty the wallet
SYLVIA PENNINGTON |
Whether it's for a special occasion, such as the races, or for more day-to-day wear, there are lots of ways to save in style.
- GETTING STARTED Go on, get involved - AGMs can be fun
- ASK NOEL Share trust an option for young saver
- GETTING SETTLED Markets are hot, but don't be pressured
- SUPER Downsizing may not be the right answer
- THE 'HONEST' BROKER What does money mean to you?
- Money's weekly Morningstar tables
- THE CHARTIST The bond that ties
- UNDER THE RADAR A good investment, but has business grown too fast?
- More Money
Rusty, greasy and dirty but all eyes on classic Harley
Two significant Australian collections of classic and vintage motorcycles are being put up for sale.
